I recovered my wallet from 2014 and saw how close I was to being a millionaire

mynonce

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Quote from: mynonce on January 01, 2022, 09:08:07 PM

Year 2030:

Most of the guys who are active here from 2020-21 would tell you similar stories. From my part, I first invested in Bitcoin in 2021. Back then I had purchased BTC at $60,000 per coin (a few months later, the rates dropped to $40,000 per coin). There were some isolated threads in this forum back then, claiming that BTC would hit $1 million or even $10 million in the future, but hardly anyone took them seriously. Me too, never thought that it was realistic. The good thing is that I still have a small part of what I purchased in 2021 remaining in my wallet. I know a lot of people who sold all of their coins within a few years. Can't blame them, right?

Thanks to Sithara007

Typo

Quote

Year 2030:

Most of the guys who are active here from 2020-21 would tell you similar stories. From my part, I first invested in Bitcoin in 2021. Back then I had purchased BTC at $60,000 per coin (a few months later, the rates dropped to $30,000 per coin). There were some isolated threads in this forum back then, claiming that BTC would hit $1 million or even $10 million in the future, but hardly anyone took them seriously. Me too, never thought that it was realistic. The good thing is that I still have a small part of what I purchased in 2021 remaining in my wallet. I know a lot of people who sold all of their coins within a few years. Can't blame them, right?

Thanks to Sithara007

The message is still valid.

ChiBitCTy

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Quote from: Obito on December 25, 2021, 11:42:27 PM

You didn't know that bitcoin would go this far, it's not good torturing yourself over what's already been done. Also, it's not too late to be a millionaire, bitcoin still has a long way to go so you can still get in and hodl for a really long time and wait for to grow exponentially over the years.

This is exactly the way to look at things in my opinion as well. When I first found bitcoin it was around $200 or less. When I first bought in to bitcoin, it was something like $225. If I look back at all of the bitcoin I spent over years, had I held it all then I would likely be a millionaire. But that's really not the way to look at it. First off bitcoin is a currency, so it's meant to used/spent. Secondly as a financial advisor I am ultra aware of the importance of diversification. Also, I have bills to pay and so do others.

These things need to be kept in mind!

Fortify

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

That's a pretty poor lesson that definitely does not apply universally to all investment situations. Going by such vague and blanket statements is going to set you up for failure, just accept that you did some Bitcoin trading in the past and probably still made some money from it. Be happy with what you've got or you'll just end up doing more damage to yourself psychologically in the long run. It could be much worse, many people have invested in altcoins or stocks that have crumbled in value in the last year, I get the feeling that you probably held your initial value at a minimum. You should always be re-evaluating your investments but nobody knew the skyrocket direction Bitcoin would take.

Oilacris

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Quote from: qwertyup23 on January 06, 2022, 01:09:03 PM

I somehow/relatively understand what you are going through, OP.

Back in 2017 when I first started my journey in this forum, I remember earning 0.005 BTC/weekly (roughly ~$5) from participating into campaign signatures. I mostly cashed out my BTCs every time I earn around $20 since I had to purchase some books for my education. Looking back and upon checking my wallet address, I noticed that if I did not sell all of my BTCs that I earned, I could have had ~$35,000 on my pocket right now which is definitely game-changing for someone who lives in a third-world country.

While your losses are far greater than what I just shared, still, the lesson is definitely to HODL for long-term gains.

I have more than those amounts if we do talk about earning from campaigns which i had been doing this for years which if we do make out some calculation or looking back then we would
really able to say that if we do able to hold those coins then we might really have that big amounts we do have in our pocket at the moment considering on how big the value of bitcoin
did able to achieve then we could really say into our minds that we should have held off but well on the time we are earning those times then we do have different
priorities which is normal for us to cash out on any coins that we do earn into those times.

qwertyup23

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I somehow/relatively understand what you are going through, OP.

Back in 2017 when I first started my journey in this forum, I remember earning 0.005 BTC/weekly (roughly ~$5) from participating into campaign signatures. I mostly cashed out my BTCs every time I earn around $20 since I had to purchase some books for my education. Looking back and upon checking my wallet address, I noticed that if I did not sell all of my BTCs that I earned, I could have had ~$35,000 on my pocket right now which is definitely game-changing for someone who lives in a third-world country.

While your losses are far greater than what I just shared, still, the lesson is definitely to HODL for long-term gains.

wxa7115

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Bitcoin is GOD

Quote from: Sithara007 on January 01, 2022, 09:00:49 PM

Most of the guys who are active here from 2013-14 would tell you similar stories. From my part, I first invested in Bitcoin in 2014. Back then I had purchased BTC at $600 per coin (a few months later, the rates dropped to $220 per coin). There were some isolated threads in this forum back then, claiming that BTC would hit $100K or even $1 million in the future, but hardly anyone took them seriously. Me too, never thought that it was realistic. The good thing is that I still have a small part of what I purchased in 2014 remaining in my wallet. I know a lot of people who sold all of their coins within a few years. Can't blame them, right?

What happens is that except for a few visionaries and some people that were super bullish about bitcoin the current scenario was unthinkable back then, for example when the ATH was around 1k many people were doubtful we will ever see it again, and when bitcoin first reached 2k many people sold their coins thinking that a bear market was coming and instead we got close to 20k, 10 times their predicted price.

So the truth is that bitcoin has exceeded our expectations, which is why even if a lot of people think its price is too expensive already they are wrong, the potential of bitcoin is still massive and it is important to keep accumulating as much as you can.

MIner1448

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Quote from: IIrik11 on December 25, 2021, 11:17:42 PM

i feel bad knowing that i was late.

but this must feel even worse.

knowing u had such big amounts and then u sold 'em all.

I didn’t have bitcoin in the days of its launch with a great price, but I also regret that I didn’t buy it in those days, now I wouldn’t work for my uncle, but would sail on my yacht somewhere in the ocean and didn’t care about anything ..

virasog

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

The question here is why did you sell? You must have paid some, bought something online or converted to fiat to fulfill your needs. That's normal and it is not possible that you do not sell ever. You can only save that crypto/money which you do not require in daily life and you have fiat money to meet your needs.
If you sold bitcoin, thinking this is the peak and it is better to convert in fiat, then for sure you did a big mistake.

kotajikikox

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Most of us did mate, I myself did same disposing of my coins wayback , i even sell my Bitcoin and the next day it grows almost double the value so i can feel your frustration and bitterness.
but remember that we are selling because of our need in funding either for expenses or for re buying another coins.
so never feel that when you have used the funds in right manner.
what if you sell those bitcoin before and bought other coins like Ethereum or some very cheap coin those days ?
and now seeing them multiple the value ? don't you think you will be happy more than this post?

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: omone1 on December 28, 2021, 02:21:41 PM

Many persons who sold off their bitcoin for some altcoins didn't know bitcoin will become very expensive at this early time after seen a massive bearish market in 2018/2019. Some of us made some huge blunder on our bitcoin possession. I won't want to dwell in regret.

The same cycle will happen again. As the minting of new coins gradually comes to its endpoint, the supply of bitcoin will stop one day and then the prices of the coins will go way higher than any possible quoted price at this point of time. We may not live to see that day, but we can hope that our grandchildren will and therefore accumulate bitcoin at these prices as much as we can without hurting our current spending.

I feel we all should make it a point of buy at the lows whenever we have cash to spend instead of wasting it on beer/pizza/drugs and whatever turns you all. This is the era to invest your money if you are in your twenties and look forward to massive gains in future. Be warned that this is only applicable to bitcoin and not shitcoins.

The Cryptovator

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From today after 10 years, I might need to make a similar post. We are selling Bitcoin for needs or whatever. It's not a mistake at all. This is life and we can't prevent that. Never selling doesn't mean you will not sell before death. We need to this about the present, we can't recover what we did in past. Sometimes we can't evaluate our wealth for the future hence we attempt to sell. Although feeling sorrow for you, but prefer to start from here. If you can then save for the future. You didn't know before 5 years Bitcoin would achieve this position. Now we can't imagine what would happen after 5 years.

OrangeII

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wow, you almost became a millionaire. well, I think people who know bitcoin or cryptocurrencies from 2013 have that opportunity. what's more at that time there were still quite a lot of people spending free bitcoin and doge on faucet sites. if we were consistent, maybe we would all be rich people by now.
Well, at this point I decided to never open my old wallet. it is quite painful to see us easily selling the assets we have. well, until now, things like this have also become a meaningful lesson for me to continue to use money to a minimum and increase holding assets rather than using them for something that is not important.

mynonce

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Year 2030:

Most of the guys who are active here from 2020-21 would tell you similar stories. From my part, I first invested in Bitcoin in 2021. Back then I had purchased BTC at $60,000 per coin (a few months later, the rates dropped to $40,000 per coin). There were some isolated threads in this forum back then, claiming that BTC would hit $1 million or even $10 million in the future, but hardly anyone took them seriously. Me too, never thought that it was realistic. The good thing is that I still have a small part of what I purchased in 2021 remaining in my wallet. I know a lot of people who sold all of their coins within a few years. Can't blame them, right?

Thanks to Sithara007

Sithara007

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Most of the guys who are active here from 2013-14 would tell you similar stories. From my part, I first invested in Bitcoin in 2014. Back then I had purchased BTC at $600 per coin (a few months later, the rates dropped to $220 per coin). There were some isolated threads in this forum back then, claiming that BTC would hit $100K or even $1 million in the future, but hardly anyone took them seriously. Me too, never thought that it was realistic. The good thing is that I still have a small part of what I purchased in 2014 remaining in my wallet. I know a lot of people who sold all of their coins within a few years. Can't blame them, right?

Quidat

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Quote from: A62662 on January 01, 2022, 06:29:44 PM

It's not in the hands of the "community" anymore and hasn't been in years. It's in the hands of the 1%.

They can take it down to $3000, or they can take it higher if they want to. What the people who post and read on this forum does and think, has ZERO impact on the price of Bitcoin going forward.

How you do say so?

Bitcoin isnt something similar on fiat on where elites and big institutions are on handle or could manipulate prices as they like considering on how many wallets get involved or does have fund

then you could definitely say that this is something that cant be dropped down to 3k which is already too low to consider or we could say that bitcoin is going to die.
Nothing is assured though in terms of future aspects but we can really see the potential that it wont really be dropping out soon.

sheenshane

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Sometimes it's good to look back at our Bitcoin wallet transactions history and while checking the previous transactions it feels us regret why we didn't able to hold until now when Bitcoin reached an ATH of $60k while you have spent it at the lower price something like $5k price.

That's a nice summary @mynonce and how about our Bitcoin donator before when someone donated 50 Bitcoin and 10 Bitcoin and it seems in 10 Bitcoin donator only @OgNasty seems pretty active right now, how does it feel?

This may be served as a lesson to learn, that's why we should keep some Bitcoin and forget something until how many years, maybe 5-10 years would a be the right decision.

A62662

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It's not in the hands of the "community" anymore and hasn't been in years. It's in the hands of the 1%.

They can take it down to $3000, or they can take it higher if they want to. What the people who post and read on this forum does and think, has ZERO impact on the price of Bitcoin going forward.

uneng

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Quote from: wxa7115 on December 31, 2021, 12:47:19 PM

Quote from: blatchcorn on December 26, 2021, 12:56:00 PM

I will also feel sorry for not buying bitcoin in 2010 when it was almost zero usd in price. Also I feel sorry that I sold my bitcoin at 15k and 30k, the list of sorry will keep going. Why regret on something we have no control of? If we what lies ahead we all will be millionaire.

And that is exactly the issue, we cannot change what we did or what we did not, the only thing that we can do now is to do something based on what we know, it does not matter that now you have to pay more money for each bitcoin, what matters is that you get it while you can.

After all as we know the levels of inflation are raising and it does not seem as if governments are going to get this under control, so a good way to avoid the effects of an increasing money supply is to get a store of value, and there is nothing better as a store of value than bitcoin right now.

Even now with bitcoin reaching at the 50,000$'s every few days, bitcoin is still a good investment for everyone. Not only the price is likely to keep increasing, it's also a decent way to protect money against fiat devaluation due to aggressive inflation faced in many countries, which has became worse during the coronavirus pandemic.

In my opinion bitcoin is the best investment right now, because it's easy, accessible for anyone to start and possible to be made with low amounts of money (about 6$, for an example, in one of the apps I'm an user).

So far I haven't found better advantages in another investments outside crypto universe.

wxa7115

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Bitcoin is GOD

Quote from: blatchcorn on December 26, 2021, 12:56:00 PM

I will also feel sorry for not buying bitcoin in 2010 when it was almost zero usd in price. Also I feel sorry that I sold my bitcoin at 15k and 30k, the list of sorry will keep going. Why regret on something we have no control of? If we what lies ahead we all will be millionaire.

And that is exactly the issue, we cannot change what we did or what we did not, the only thing that we can do now is to do something based on what we know, it does not matter that now you have to pay more money for each bitcoin, what matters is that you get it while you can.

After all as we know the levels of inflation are raising and it does not seem as if governments are going to get this under control, so a good way to avoid the effects of an increasing money supply is to get a store of value, and there is nothing better as a store of value than bitcoin right now.

btc78

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

It feels Hurtful mate? i have also checked my wallet history back in 2017 and yeah i can feel your situation now, Imagine that i am gaining good amount from signature campaigns those days but i choose to sell if instantly every week and not thinking that days like this will come.
if i did hold my coins those days? i may have 1 whole bitcoin by now lol.
But like what others says, we must move on because this is not a mistake instead we have
no choice those days.

A62662

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Well, consider this. Someone/everyone could make a copy/paste Bitcoin clone with some minor adjustments that would have BETTER usability/usecases with a limited cap of 21 million. I'm pretty sure you would have huge problems dumping 10,000 of those for 50 bucks.

Why would that be if it's better??

Is the Bitcoin brandname alone worth it's entire marketcap?

mynonce

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Quote from: 24Kt on December 28, 2021, 02:46:43 PM

I believe, there are many stories like that today as the crypto users before didn't have any idea that they will see the bitcoin's price this high...

One of the best ... maybe you remember

...

Back in 2010, Joey Rich opened a thread https://bitcointalksearch.org/topic/buybitcoinscom-50000-bitcoins-for-sale-at-15-btcusd-987:

Quote from: 24Kt on December 28, 2021, 02:46:43 PM

I believe, there are many stories like that today as the crypto users before didn't have any idea that they will see the bitcoin's price this high...

Or that one: also back in 2010, a user auctioned 10,000 Bitcoin, starting bid was 50 USD for all 10,000! And to find a buyer he wrote: 10k BTC are currently worth ~65.50 USD
https://bitcointalksearch.org/topic/old-bitcoin-auction-1000000-btc-starting-bid-5000-usd-92

Quote from: dwdollar on March 30, 2010, 07:41:47 AM

I know this is well below your starting bid, but since no one has taken it yet I'll offer $20.

Another user who was interested:
https://bitcointalksearch.org/topic/m.840

Quote from: SmokeTooMuch on April 07, 2010, 10:47:18 AM

Auction is over.
Since nobody has made the starting bid, the bitcoins do not change their owner.

Today's value: ~500 million USD

24Kt

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Quote from: Ultegra134 on December 28, 2021, 02:00:33 PM

I know you regret it, but there's nothing you can do to change it. I can somewhat relate to what you're feeling right now, but not at the same degree, since your transactions are way higher than mine. When I returned to the Bitcoin scene and this forum, back in December 2020, I managed to recover two Blockchain wallets with microbalances left in them.

This is one of them. Honestly, seeing the transaction value with today's price did hurt a little.
-

I believe, there are many stories like that today as the crypto users before didn't have any idea that they will see the bitcoin's price this high. We can't say hold also because we don't know the future. What if we haven't reached this stage? And btc is not popular. People will just ignore and forget what they had in crypto. So if you don't want to regret someday, maybe, try starting to accumulate some satoshis. But don't expect too much as you may be disappointed if what will happen is not what you expected.

omone1

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Many persons who sold off their bitcoin for some altcoins didn't know bitcoin will become very expensive at this early time after seen a massive bearish market in 2018/2019. Some of us made some huge blunder on our bitcoin possession. I won't want to dwell in regret.

Ultegra134

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I know you regret it, but there's nothing you can do to change it. I can somewhat relate to what you're feeling right now, but not at the same degree, since your transactions are way higher than mine. When I returned to the Bitcoin scene and this forum, back in December 2020, I managed to recover two Blockchain wallets with microbalances left in them.

This is one of them. Honestly, seeing the transaction value with today's price did hurt a little.

https://www.blockchain.com/btc/address/16BjYxYMjFcXLRFJE5UxrDXvHbW6VM5M2d?page=1

Andreaslag

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Just HODL

Question123

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You did not know that bitcoin will become a high price and just like me I already sold most of the bitcoin that I have before but I did not regret it because I know there is some opportunity that will open to me even I did not become a millionaire think about the present not the past because if you always thinking and regreting your self about what happened in the past you will not grow or not focus to oppotunity fhat we have right now.

Accardo

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No matter how early you regret it's always too late. Op you just have to move on and think about the next ten years of bitcoin, how you will look back and thank yourself for accepting that you made a mistake but didn't quit along the line. Bitcoin is still at it's early stage and they is nothing to regret. Just hold your self and try those things that fetched you such a huge amount of bitcoin in the past again.

beerlover

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

I don’t know why some people always feel regret when they see things like this. That you missed the opportunity to hold for long and become a millionaire now doesn’t mean that you are not going to get that kind of opportunity any longer. The question is what plans have you laid in place this time around to help you get to that level in the next years to come, or are you still the same person that you were years ago?

There is still the same opportunity to get rich through Bitcoin. I started around 2013, I was neither sure of where Bitcoin was going to end up, and I was not able to hold for long. But, I learnt my lesson in 2017 and I never made the same mistake this time around, and I am also not going to be making the same mistake in the next halving that would come. It’s up to you.

alpamar99

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Quote from: Shasha80 on December 26, 2021, 05:31:33 PM

Quote from: alpamar99 on December 26, 2021, 04:09:36 PM

everything that has happened, I don't think there is anything to regret anymore because I don't think it's useful enough for now and we only live on regrets and it's not a good thing to do.
on the other hand I think we have to turn over a new leaf because bitcoin is now something valuable and we have to focus on looking ahead and past experiences should be used as valuable lessons.
At least we can consider ourselves delayed millionaires because it was so easy to let go of bitcoin at that time Cheesy

We can't live with regrets, we have to move on no matter how bad things are. Sometimes things that have happened we don't need to keep
on remembering. Because sometimes to become millionaires, we have to go through some bad things first. I agree with you, we should focus
on the future instead of continuing to be stuck with regrets in the past. Moreover, Bitcoin continues to develop and increase in price, so we will be
left behind if we don't immediately rise from our regrets. I believe everyone who tries really hard, eventually becomes a millionaire it's just
a matter of time. We can all become millionaires as long as we don't give up and keep trying to achieve it, even though it may be a long process.

life goes on, we can't deny it and even if we regret it it won't come back again.
Everything has its time and indeed, a few years ago bitcoin was arguably less valuable and only used as a means of exchange for games and we certainly never know what will happen in the future at that time including the price of bitcoin.
I think what's over is just let it go and make it a beautiful experience because at least we've held bitcoins in large quantities Cheesy

That's right, becoming a millionaire is only a matter of time and don't let the experiences that happened in the past few years and the mistakes of a few years ago are now repeated.

leea-1334

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Temporary forum vacation

Well I did not do my own 100% calculations but I know if I did,,, counting all the BTC and especially altcoins like DOGE I would definitely be a millionaire in my country (so maybe something like 150k in USD total which is plenty of money to retire sort of if you are single and do not mind living outside the city).

Do not take this lesson hard and take it as a learning for 2030

Jawhead999

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Quote from: bitterguy28 on December 27, 2021, 04:02:57 AM

-snip-

I have to disagree with your opinion

Bitcoin isn't on the highest value now, it's around $50K while the highest ATH was $69K and I didn't call $69K is the highest value of Bitcoin. There're a lot speculations Bitcoin could reach $100K, $1M etc but surely it will takes times and depends on the holders.

Investing on altcoins and wait for 7 years to get insane profit is really gambling, I bet most of them already turn become deadcoin or shitcoins because altcoins only for short times.

mynonce

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

...

OP, what would you do now (you would have ~10 BTC or ~500,000 USD) if you hadn't sold?

bitterguy28

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Feeling sad for you OP , but since that happens 7 years ago ? i think it is acceptable mistake on your part now and besides you have nothing to do with that but only to look at and feel sorry so best to let it be.

While Bitcoin is now on the highest Value , why not consider trying your luck again in Altcoins?
maybe you can find Gems like how you find Bitcoin back in 2014.

peter0425

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You should not dig to find your Old wallet specially in that long years as the value of Bitcoin those days are really cheaper than what we had today and that will only brings you bad thoughts as you had sold your currencies when still so low.

I sometimes thought of the same thing imagining that i am gaining 0.005-0.01 bitcoin for weekly payments in 2017 and all i do is withdrawing those amount instantly each week not taking the idea of Holding.

so Lets move on and accumulate more bitcoin again now.

ipanks

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Quote from: dubst4r on December 26, 2021, 07:06:42 PM

Thanks, everyone for the kind words, I have come to peace with this and moved on from it but definitely a lesson learned, never sell all of your coins

Yes, that is a good suggestion for all of us. If we can get the coin at the lowest price and suddenly, the price increase so high, we do not have to sell all of the coins but we can sell for half amount while keeping the other half for the next highest price. We know that will need time for the price to increase, but we should know that the price can adjust the lower price, giving us a chance to buy back using the profit. It is how we can manage the funds that we will use to trade. If you use the coin for the investment, you should know how long you will hold the coin and when you will sell the coin.

kotajikikox

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we all have our reasons mate so never felt like that because you only did what is needed that time, I myself had sold my bitcoin back in 2017 even before the great pump in December when i can earn at least multiple times but at first yeah i feel something like that but eventually?
i learn to understand that we have to decide or we will be bitter in the future.
and don't worry you may not become a millionaire now but at least you will be in the future if you will continue helping the market and also invest more on this.

adzino

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell
-snip-

You probably sold probably because you had to. There is no point regretting. I don't like it when people say "never sell". Better to say "keep holding if you can". If you have no other option but to sell, then just sell and move on. Don't look back. If you have extra cash lying around, then go ahead and invest again. It is never late. Keep investing as much as you can, and if you don't have to sell, then just keep holding. You will make some good profit in the future.

Chato1977

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

You can say that if you are capacitated to spend some funds for your living , but what if you only depending in everything that is in your hands? how will you survive without selling?
and besides you sold the funds back then because you badly needed it and not just because you wanted too.

dubst4r

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Thanks, everyone for the kind words, I have come to peace with this and moved on from it but definitely a lesson learned, never sell all of your coins

boyptc

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I thought that we have a new millionaire this upcoming new year. But the lesson here is that if you needed those bitcoin's you've sold and the cash helped you on that particular moment of selling, there's nothing to regret.

It's just that there are bad times and you have no resort but to sell what you have in your assets. It really happens most of the time and that's why assets and investments are there. On your end, it's just that you've sold most and the bigger amounts.

carlfebz2

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Quote from: Woodie on December 26, 2021, 04:07:51 PM

looking at all these transactions really hurts me because I know the feeling of missing out on a great opportunity and this one was to make you to be a millionaire.

If only we can go back in time and buy a bag load of bitcoins and wait for the big one of 60000 dollars to come sell and buy again when the dip happens.

Nothing is assured in talks of future thats why missed out opportunities is very common thing and also we didnt even expect that we would really be reaching out this high and on that particular time in the past
then we are using our own coins for our own good.We might missed on saving it up on at least but we did really make use of that.

There's no point on making out regrets because it would really just make some those down feelings or anxiety just because you had missed it out but
its better to move on and proceed on things that you are engaging currently and dont commit the same mistakes
again.

Shasha80

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Quote from: alpamar99 on December 26, 2021, 04:09:36 PM

everything that has happened, I don't think there is anything to regret anymore because I don't think it's useful enough for now and we only live on regrets and it's not a good thing to do.
on the other hand I think we have to turn over a new leaf because bitcoin is now something valuable and we have to focus on looking ahead and past experiences should be used as valuable lessons.
At least we can consider ourselves delayed millionaires because it was so easy to let go of bitcoin at that time Cheesy

We can't live with regrets, we have to move on no matter how bad things are. Sometimes things that have happened we don't need to keep
on remembering. Because sometimes to become millionaires, we have to go through some bad things first. I agree with you, we should focus
on the future instead of continuing to be stuck with regrets in the past. Moreover, Bitcoin continues to develop and increase in price, so we will be
left behind if we don't immediately rise from our regrets. I believe everyone who tries really hard, eventually becomes a millionaire it's just
a matter of time. We can all become millionaires as long as we don't give up and keep trying to achieve it, even though it may be a long process.

alpamar99

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everything that has happened, I don't think there is anything to regret anymore because I don't think it's useful enough for now and we only live on regrets and it's not a good thing to do.
on the other hand I think we have to turn over a new leaf because bitcoin is now something valuable and we have to focus on looking ahead and past experiences should be used as valuable lessons.
At least we can consider ourselves delayed millionaires because it was so easy to let go of bitcoin at that time Cheesy

Woodie

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looking at all these transactions really hurts me because I know the feeling of missing out on a great opportunity and this one was to make you to be a millionaire.

If only we can go back in time and buy a bag load of bitcoins and wait for the big one of 60000 dollars to come sell and buy again when the dip happens.

BlackHatCoiner

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Farewell, Leo

Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

Don't blame yourself. If Bitcoin didn't have users such as you, it wouldn't have reached this price. Remember the pizza guy. I sometimes wonder what percentage of people have kept their pockets with bitcoin for so many years. It is not accidental that the majority of those did it unintentionally (with lost USBs etc.).

With all these HODL signs on social media, I'm sure the price won't behave same like it did in the past 5-8 years.

Quote from: mk4 on December 26, 2021, 02:40:45 AM

Or better yet, I'm pretty sure Satoshi didn't create Bitcoin as something that we'd revolve our entire lives upon.

They did mention of some sort of prophecy, though, which is kind of the same thing... Fuckin' legend. Roll Eyes

PawGo

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No, please, do not think about it that way.
Imagine: there is never a good time to buy house, never a good time to change car, never a good time for holidays...
You did what for you was the best at the given moment. If you sold it, earn something, BTC paid your bills or bought you a new pair of shoes you needed - why to complain?

TinaK

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I feel the same as you OP, I also did this last few months checking my old bitcoin wallets hoping that there is a small fraction of satoshi left but I didn't see anything instead of the big transactions that I had before, it almost 5 bitcoin overall if I have going to save it until now I can even make my own house and have my own car.

However, I did not feel regret because at that time when I was in needed it helped me a lot. Regretting is normal but at that time your bitcoin satisfied your needs, that is fine. That is why if you have learned those mistakes, start saving again, maybe in the future if you are not going to rich maybe your children or grandchildren will surely do. It is not too late, still, there is a time.

naira

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Quote from: molsewid on December 25, 2021, 11:59:55 PM

Quote from: mk4 on December 25, 2021, 11:43:30 PM

It depends though. Did you sell the bitcoin because you just didn't see it's importance? Or maybe you actually needed the money for something important(hospital cost, student loans, etc)? Don't shame yourself if it actually was the latter, because contrary to popular belief, sometimes there are things much more important than BTC.

Yes, exactly, I mean if the reason of selling bitcoin (especially if most of all) is reasonable I think there's no reason to be shamed, blaming yourself for not able to hold it a quite long term and feel regret about it. I do have the same situation too where I have bag almost 1btc but during the bear season way back 2018 I sold them all. Now, if I look back to the number of bitcoin I have in my wallet that time I can also say I'm almost became a millionaire too, there's a regret but I have no choice than to move on and keep on grinding and wishing I could earn again same number of bitcoin that I have in the past.

Because maybe the OP forgot and didn't realize that Bitcoin would be important at this point. When he had access to recover it, then like it or not he could become a millionaire, commensurate with what he had endured all this time. We're talking Bitcoin today, maybe everyone would have done the same if they realized Bitcoin would be what it is today. Looking back at the amount the OP showed me with what I had back then maybe I was still bigger. The difference is I've lost what I should have realized earlier. Regret for sure, but what can be done if it has happened. So let it be a lesson and we continue what can be achieved in front of our eyes.

Oilacris

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Quote from: mk4 on December 25, 2021, 11:43:30 PM

Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

It depends though. Did you sell the bitcoin because you just didn't see it's importance? Or maybe you actually needed the money for something important(hospital cost, student loans, etc)? Don't shame yourself if it actually was the latter, because contrary to popular belief, sometimes there are things much more important than BTC.

There are really things in life which you would really need to prioritize rather than on having lots of money.Whats the purpose of money if you are on a very hard condition like
on hospitalization or in calls of emergency or something that you do need to survive on daily living?

Dont regret as long those coins had not been wasted or really been put up on good use.Yeah, we might be thinking that we might be millionaire at the moment
if we havent sell those coins but think off that you wont really be on the situation you are now if you hadnt done those things
in the past.

Diana.

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Quote from: IIrik11 on December 25, 2021, 11:17:42 PM

i feel bad knowing that i was late.

but this must feel even worse.

knowing u had such big amounts and then u sold 'em all.

You can save it in a different way instead of selling it.

NeuroticFish

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

One problem is that you seem to have sold in the 2014-2015 crypto winter. So you seem to have lost faith in Bitcoin. That's a mistake.

So the problem is not that you sold. The problem is that you sold cheap you probably didn't buy back. You should have sold a bit earlier, maybe summer of 2014 and in the summer of 2015, when people were losing hope, you could have bought back. That would have been a great business.

Also, one golden rule is that if you don't plan to ever buy back, then you better sell only (small) parts of your stash.

However, past is past. The only useful thing to do is learn from it. If you regained the trust in Bitcoin, you can consider buying again (but please decide for yourself whether you do or not, don't do it because of my words). If not you, maybe your kids get the chance to be millionaires.

Kakmakr

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A lot of us early buyers have this scenario ...because none of us knew what the Bitcoin price would be in the future. The money that we did get from the bitcoins we sold back then, made a difference in our lives.

We should not look back and regret our decisions, because it could have turned out a lot worst. Let's say the Bitcoin price goes down to ZERO now.. and you held on to those coins... would you not regret selling it more then?

You can at least say that you got a very good return on your initial investment and that you had the opportunity to do that. Wink

dothebeats

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I used to feel the same thing. Spent 7+ bitcoins on Steam games and other petty purchases, and as I remember those times that I am mindlessly spending bitcoins, it I have no other choice but to accept it and just move on. Perhaps, main characters really need something that they will regret heavily for character development Cheesy

But anyways, I can still brag that I used to spend hundreds of thousands of dollars on digital games, and just show them my wallet and transaction history.

I once bought a Carolina Reaper hot sauce mix from a seller on Reddit that is based in California, and it's worth $25 per bottle. Bought 2 of those and paid for shipping, and costed me around 0.3 bitcoins in 2015. Today, that 0.3 bitcoins is worth $15k+, and I would have been $15k richer, but that damn hot sauce is still good.

Iranus

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It is a pity to see my own old wallets. There is a little comfort here that you have spent your coins. But I have lost the private key of some of my wallets, when I see those wallets & unspent BTC then I can't find any tongue to give consolation myself. In any case, it is better to get rid of the old and walk in a new way. If you hold BTC now, it may be worth it after 5 years, so it is better to delete the old memory and start hodling in a new way.

blatchcorn

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I will also feel sorry for not buying bitcoin in 2010 when it was almost zero usd in price. Also I feel sorry that I sold my bitcoin at 15k and 30k, the list of sorry will keep going. Why regret on something we have no control of? If we what lies ahead we all will be millionaire.

wxa7115

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Quote from: IIrik11 on December 25, 2021, 11:17:42 PM

i feel bad knowing that i was late.

but this must feel even worse.

knowing u had such big amounts and then u sold 'em all.

There is no reason to be feel bad about it, it is not like as if bitcoin is not going to give profits anymore since it will, the profits are simply not going to be as big as they were back then but you can still get some.

After all the number of people that are invested in this market is still very low, so while you will not be an early adopter you will still be part of the early stages in the life of bitcoin so you can still obtain good benefits with it, but this is only true as long as you can hold to whatever bitcoin you can get right now.

bitzizzix

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Everyone will be very sorry if reminiscing about the past, but they will all consider it a learning experience because whatever it is we never know what will happen in the future.
and we still have a chance to become millionaires by going back in time, I mean repeating the past by starting from now and if we believe it will repeat itself why not repeat it and wait 10 years.
but it is not that easy because doubts, emotions and trials will always be there and will definitely execute them if there is an opportunity and profit, and the most important thing for me is to make sales in a state of good profit.

titular

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Quote from: Obito on December 25, 2021, 11:42:27 PM

You didn't know that bitcoin would go this far, it's not good torturing yourself over what's already been done. Also, it's not too late to be a millionaire, bitcoin still has a long way to go so you can still get in and hodl for a really long time and wait for to grow exponentially over the years.

Yes I agree with this, but it's important not to set unrealistic expectations. For someone to become a millionaire from bitcoin at this very point (assuming the price will always go up) it would take a considerable amount of capital for them to start off with. You will find most won't find it feasible.

Pffrt

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Having BTC back in the day isn't something credential but holding it is. Didn't you see one of the most popular threads here- I AM HOLDING? It's not easy to hold BTC this long. Sometimes because of the red candles while sometimes the controlness. It's not easy to hold from $10 to all the till $1000.

lenovop-70

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There are many regrets if we look at our trading records in the past, but what can I do, everything has been sold and replaced with necessities as well as goods that I am enjoy it now. Hoping all it is intact is impossible because I do trade for a living, and here I am now, a billionaire with all the happiness but not because of my huge amount of BTC.
The sufficiency of my life is the price which is worth more than all amount of BTC I ever hold if I did not sold it was.

masterrex

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Based on your listed transactions yes you are! But let's face the reality, that it's gone already, and I'm sure not only you have an experience like that. many of us here and probably most cryptocurrency users have done that for any particular reason, so I guess it's better to start again and learn from our past actions that make us regret in the present.

BitcoinAccepted

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Quote from: coinism on December 26, 2021, 09:46:45 AM

These days everyone is regretting missing chances of millionaire because of there post 2015 actions on bitcoin. None of us knows what's going to happen in coming years, we have to live in present. Don't regret wt you have done in past, unless you have sold bitcoin in profit and enjoyed the money just relax. Life is too short to regret.

Well said. We can only move forward now, carrying all the lesson we learned from the past, and apply those lessons on our way forward. I am sure that we all made decisions back then because we want to and we needed to, so may we all seize our days and the opportunities that will soon come our ways.

coinism

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Quote from: Lucius on December 26, 2021, 09:32:56 AM

They say it’s easy to be a general after a battle, but also that there’s no point in crying over spilled milk. History can teach us a lot, but it is never wise to be a prisoner of it.

These days everyone is regretting missing chances of millionaire because of there post 2015 actions on bitcoin. None of us knows what's going to happen in coming years, we have to live in present. Don't regret wt you have done in past, unless you have sold bitcoin in profit and enjoyed the money just relax. Life is too short to regret.

Lucius

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Quote from: pooya87 on December 26, 2021, 12:20:48 AM

Waiting and not doing anything for 6 years while price goes from $300 to $70,0000 was the mistake not the initial sale in this scenario.

The OP probably woke up late to react in a way to buy cheap again compared to 2014/15 - at least judging by when it registered on this forum (2020). It's hard to come to terms with the fact that he should have been smarter then, but who knew what would happen 6 years later, especially if they listened to people like Warren Buffett who just then called Bitcoin mirage. The OP and many others were convinced that it was better to sell and reap some benefits than to wait for the whole thing to fail.

They say it’s easy to be a general after a battle, but also that there’s no point in crying over spilled milk. History can teach us a lot, but it is never wise to be a prisoner of it.

Mpamaegbu

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

That will be a wrong notion if you're looking at it from the prism of what the value is worth today. Wrong, indeed. What if price had crashed to zero or some worthless level, would you've been happy that you sold early? I bet, your answer will be an instant yes. Well, the morale is this – the way you regret your past selling action it's the same way a lot of us selling now and smiling will regret too in future. I've had moments when I checked my old Blockchain wallet and discovered how a great rise all the Bitcoin that would've been in my wallet was if I didn't sell. But that's life. At least, I sold them for reasons best known to myself when I did. No regret. You should also do that and move on. Only a very few are still hodling for years without selling a single Satoshi. Otherwise, when nature calls or bills arise and there's nowhere else to get cash apart from the Bitcoin one hodls, it becomes necessary to sell at such a situation.

oemar bakrie

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Seeing your struggle deserves to be imitated because you are able to hold back your anger to sell assets that are actually already profitable.
.but that's all we return to our personal needs, because not all of them are very willing to let their assets go for the sake of family or other needs.

tranthidung

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Farewell o_e_l_e_o

With my four years in crypto, my lesson is as follows

If you find a good project, and have belief in it from your due diligent research, don't sell all coins you have.
It's not good to hold and don't mind to sell to take profit or at least to take your initial capital. It is a must thing to do. Protect your capital is most priority. Profit is only profit when you take it.
First, take profit to get initial capital back to your pocket. Second, take profit to use if for your life, to enjoy your successful invesment
Lastly, and most important, allocate from 10% to 30% of your coins for long term investment. It will help you rich and become millionaire or billionaire. If things go bad, you already take capital back, and already take profit, enjoy profit. Nothing bad in the end

fiulpro

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We all have missed opportunities when it comes to Bitcoins, at the end of the day you should understand the fact that you did not just sell for fun, when people sell their bitcoins and are not able to make invest for the long term, most often, it's because they need this money, which does mean that their financial statement is not that good, therefore you can't regret that, I had 0.1 BTC which I sold before the high, in 3k's just because I needed to pay my fee, that does not mean that I do not regret it, but it did help me at that moment.
But we all definately had a lot of loaded opportunities, but now our scope is widened and we do understand cryptocurrencies better than ever, so hopefully we all would be wise about making any mistakes in the future.

Davidvictorson

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Livecasino.io

The knowledge of crypto in 2014 and 2021 has quadruple. I imagine if you had the same information you have now about BTC in 2014 you probably would be close to being a billionaire. Now think about 2021 and 2028. It's same thing as 2014 and 2021. Above, i am personally grateful you are part of the few who have been able to recover your wallet, for some, their wallet is gone forever.

Bttzed03

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BTC is, first and foremost, a currency meant to be spent as people would say. I don't know your reasons but you probably didn't sell it for trading purposes. Don't feel bad about it. There are people who had it much worse than you. I still remember that classic trader tweet boasting he sold BTC at price xxx few years ago (don't recall the exact figures but it was under a dollar).

mk4

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Quote from: DapanasFruit on December 26, 2021, 01:41:09 AM

You know what, you are so right. Satoshi Nakamoto did not established Bitcoin so we can feel so bad when we happened to have sold our BTC holding...this is just a part of life and yes instead of wallowing thinking of what can be let's move on and make things better. I myself sold my BTC when it was just $3000 but there was a big reason why...and admittedly though there is a part of me saying that I should not have done that I fully know that life is really made of choice so I made mine and there is no way of turning back.

Or better yet, I'm pretty sure Satoshi didn't create Bitcoin as something that we'd revolve our entire lives upon. In the end, as much as a breakthrough invention Bitcoin was, in the end it's just an asset. Lots of more important things in life than Bitcoin.

suzanne5223

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Quote from: IIrik11 on December 25, 2021, 11:17:42 PM

i feel bad knowing that i was late.

but this must feel even worse.

knowing u had such big amounts and then u sold 'em all.

Honestly, you are not late to join the Bitcoin investment since 21 million BTC is not mine which will lead to a never seen before traffic but you can only be late if you don't hold more than you sell your portfolio. Just like CZ said "if you can't hold you won't be rich" and the OP is a perfect example.

DapanasFruit

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Quote from: mk4 on December 25, 2021, 11:43:30 PM

Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

It depends though. Did you sell the bitcoin because you just didn't see it's importance? Or maybe you actually needed the money for something important(hospital cost, student loans, etc)? Don't shame yourself if it actually was the latter, because contrary to popular belief, sometimes there are things much more important than BTC.

You know what, you are so right. Satoshi Nakamoto did not established Bitcoin so we can feel so bad when we happened to have sold our BTC holding...this is just a part of life and yes instead of wallowing thinking of what can be let's move on and make things better. I myself sold my BTC when it was just $3000 but there was a big reason why...and admittedly though there is a part of me saying that I should not have done that I fully know that life is really made of choice so I made mine and there is no way of turning back.

pooya87

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

There is nothing wrong with selling (or spending) bitcoin. I have spent and sold bitcoin in the past and will continue doing so. What I would never do is to sell or spend all my bitcoins. So you have to ask yourself if you really had to sell all the bitcoin you had?
Besides the biggest mistake is not buying back. Even if you sell all you can always buy back. For example if you sold at $200 in 2015 you could always buy back at $300 when the resistance broke and price started rising. Waiting and not doing anything for 6 years while price goes from $300 to $70,0000 was the mistake not the initial sale in this scenario.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

You learnt a lesson but you interpreted in wrongly.

The thing to note is that bitcoin is still cheap at this price comparing to what it can become in the next 120 years once all the coins are mined. But the question remains whether you will survive that long and see that price and live longer enough to sell then and enjoy the profits. While I wish you good health and that you do see such days with a big family, I know myself that it is difficult to say.

Remember that living a life without regrets is more important than saving an asset. Possible that you needed money at times and you had to sell, this is true for any future bitcoin investor too. It does not mean you are doing a wrong thing, you are doing what is necessary to survive.

Also a reason why I suggest newbies to keep a stable fiat source of earning while trading bitcoin on a side - you have a source of money to rely on when in dire need.

michellee

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@OP is not alone because we who had known bitcoin for a long time and have many bitcoins but sold it at that time will regret it now. But we can not do anything because that moment is already passed. Besides that, we did not know if bitcoin could be like today so we sold at that time but it seems you already make money from bitcoin. We can only keep trying to have more bitcoins with everything we can. Hopefully, we will have that bitcoins and will make money from bitcoin.

noorman0

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Since the future cannot be predicted with accuracy, it is natural. And don't think that you are the only one who feels guilty and sorry. Every time bitcoin hits a higher point, more people want to go back in time to do what you did.

I think this kind of regret is closer to greed. Today, many bitcoin holders from the past are afraid to spend even a little bit because they are always looking for higher value. That is, they close all their own opportunities to enjoy what they have achieved.

molsewid

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Quote from: mk4 on December 25, 2021, 11:43:30 PM

It depends though. Did you sell the bitcoin because you just didn't see it's importance? Or maybe you actually needed the money for something important(hospital cost, student loans, etc)? Don't shame yourself if it actually was the latter, because contrary to popular belief, sometimes there are things much more important than BTC.

Yes, exactly, I mean if the reason of selling bitcoin (especially if most of all) is reasonable I think there's no reason to be shamed, blaming yourself for not able to hold it a quite long term and feel regret about it. I do have the same situation too where I have bag almost 1btc but during the bear season way back 2018 I sold them all. Now, if I look back to the number of bitcoin I have in my wallet that time I can also say I'm almost became a millionaire too, there's a regret but I have no choice than to move on and keep on grinding and wishing I could earn again same number of bitcoin that I have in the past.

romero121

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I wasn't able to digest looking upon the transactions. What OP would feel in his mind. Myself too feel bad of selling all that I've made through the years. If those were kept hold, now I could've turned a millionaire. However my transactions weren't this big as seen above. Almost every user here feel this, and many lucky users are here to cash it out during the 2017 bull market and during the recent peak rise.

mk4

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Quote from: dubst4r on December 25, 2021, 11:06:33 PM

A lesson that I learned here is never sell

It depends though. Did you sell the bitcoin because you just didn't see it's importance? Or maybe you actually needed the money for something important(hospital cost, student loans, etc)? Don't shame yourself if it actually was the latter, because contrary to popular belief, sometimes there are things much more important than BTC.

Obito

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You didn't know that bitcoin would go this far, it's not good torturing yourself over what's already been done. Also, it's not too late to be a millionaire, bitcoin still has a long way to go so you can still get in and hodl for a really long time and wait for to grow exponentially over the years.

cabron

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Quote from: IIrik11 on December 25, 2021, 11:17:42 PM

i feel bad knowing that i was late.

but this must feel even worse.

knowing u had such big amounts and then u sold 'em all.

Yep regrets I guess. Feel the same way, we could all be millionaires if we just know how to hold that long. Cheesy

Kinda like the guy who lost his hard drive with 7500BTC in it. But hoping to find that drive because it's hurting his soul. If he had the key to access the wallet, he probably has sold it all even before the price peaked in 2017.

His wallet was from 2014, you must have been playing a lot on casinos where it only requires a wallet. This was normal back then.

IIrik11

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🍀🍀🍀

i feel bad knowing that i was late.

but this must feel even worse.

knowing u had such big amounts and then u sold 'em all.

dubst4r

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A lesson that I learned here is never sell

Topic: I recovered my wallet from 2014 and saw how close I was to being a millionaire (Read 726 times)